Green, Orange, Orange $SPX $SPY $DIA $DJIA #markets #investing #trading #heikinashi

The Orange status points to a transition from red to (light) green.

–

S&P-500 ($SPX) daily

• (-)  Inside a descending triangle with a bearish bias.
• (+) Obvious resistance levels.
• (+) The Heikin-Ashi combined chart displays a green status.
• (+) A higher low (May vs April).
• (!)  For a higher high as a confirmation of an uptrend from the April low, wait until above the April high.

 

–

S&P-500 ($SPX) weekly

• (!) Orange status.
• (!) At support.

 

–

S&P-500 ($SPX) monthly

• (!) Orange status.
• (!) Support @2,542 (-4.53% below the current low)

–

Advertisements

Getting the market pulse $SPX $SPY $DIA $DJIA | #trends #technicalanalysis #heikinashi #trendfollowing

• Count the number of the S&P-500 stocks that meet oversold/bought criteria based on two technical measures
• Plot this number in different time frames
• Daily and weekly charts react best to +/-300 levels (+ in uptrends, – in downtrends)
• Monthly charts react best to +/-400 levels  (+ in uptrends, – in downtrends)

 

S&P-500 ($SPX) daily

–

S&P-500 ($SPX) weekly

–

S&P-500 ($SPX) monthly

–

The start of the rollover $SPX $SPY $DIA $DJIA #markets #heikinashi #trading #money #trendfollowing

S&P-500 ($SPX) daily

• (- -) Visually, obvious. Any reaction will die at the resistance line (orange).

 

–

S&P-500 ($SPX) weekly

• (!) A new low below the February low will weaken the uptrend.

 

–

S&P-500 ($SPX) monthly

• (!) The long-term support (trailing-stop) is on watch. Once broken, the rollover gets a strong confirmation.

 

–

More selling, less buying $SPX $SPY $DIA $DJIA #markets #trading #investing

S&P-500 daily

• (+-) Consolidation with a negative bias
  • (-) The close is near the recent low and very far from the January top
  • (-) The close is below the Ichimoku cloud
  • (-) Chikou-span is below the price

• (+) S&P-500 is resting on support (subchart #2)
• (+-) haDelta may turn above its average (subchart #3)

 

This time it’s serious $SPX $SPY $DIA $DJ30 $QQQ $COMPQX #DJ30 #Nasdaq #markets #trends

SP-500 ($SPX) weekly

–

DJ-30 ($DJ30) weekly

–

$QQQ weekly

–

 

S&P-500 is overextended $SPX $SPY #markets #trendfollowing #heikinashi

$SPX daily

• (-) MACD is near historic indicator highs.

 

–

When in doubt, use #heikin-ashi with #laguerre $SPX $SPY $BTCUSD $ETHUSD

S&P 500 daily

–

S&P 500 weekly

–

S&P 500 monthly

–

Bitcoin (USD) daily

• (-) Expecting a reaction, short reaction

 

–

Bitcoin (USD) weekly

–

Bitcoin (USD) monthly

• (+-) Some weakness.

 

–